RENEWABLE ENERGY GIVES POWER AND JOBS TO CLANWILLIAM

The Western Cape town of Clanwilliam’s first retail shopping centre to be opened on Thursday is an example of how renewable energy is aiding economic development in small towns with limited access to the national grid, an energy company executive said on Wednesday.

SOLA Future Energy installed a solar photovoltaic system providing the additional power for the Cedar Mill Mall that state-owned power utility Eskom could not supply.

Eskom indicated that it was able to supply only 250 kVA of continuous power due to constraints on the grid, while the mall’s developers, Noble Property, needed at least 500 kVA to get the project off the ground.

“The solution was to [...]

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April 3, 2018

‘Investors abroad inspired by new president’

Treasury Director General Dondo Mogajane has told Eyewitness News the country’s new leadership has helped Treasury officials, business and labour in their discussions with investors abroad.

Treasury is leading a high-level delegation including representatives of labour and business on a week-long investor roadshow in London, Boston and New York.

The purpose of the roadshow is to continue developing relationships with international investors and to provide them with an update after budget 2018.

It’s understood that new Finance Minister Nhlanhla Nene has been widely welcomed by investors.

Treasury says investors abroad are inspired by the country’s new [...]

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March 2, 2018

Third Gupta-owned mine fails to pay its workers

An employee at Shiva Uranium mine in Klerksdorp says workers have been left in the lurch after the company failed to pay them their salaries last week

Picture: SUNDAY TIMES

An employee at Shiva Uranium mine‚ a Gupta-owned company based in Klerksdorp‚ North West‚ said they have been left in the lurch after the company failed to pay them their salaries last week.

“We have not been paid February salaries. We were told that we would be paid on the 28th. This is very frustrating as most of us live far from work and are struggling to get money for transport‚” said the employee‚ who asked not to be named.

She said the company told them on Friday that the [...]

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February 12, 2018

Eskom’s Koko facing four new charges, including misleading Parliament

Newly suspended top Eskom executive Matshela Koko is facing four new charges, including that of misleading Parliament, according to his suspension letter and an internal Eskom charge sheet.

In the letter the state power utility, which on Wednesday evening confirmed that Koko had again been suspended, alleges he “committed serious acts of misconduct” and “gross negligence”.

The letter, was written by Eskom’s interim group CEO Phakamani Hadebe.

In it he states that Koko breached the Eskom code of conduct when he appeared before a parliamentary committee investigating state capture in January by knowingly attempting to mislead Parliament.